Approved for subdivision into two 405m2 allotments, this prime LMR2-zoned corner block sits within one of Brisbane's most exclusive family suburbs. With both lots fronting quiet Main Avenue and enjoying a perfect rear northern aspect, the appeal of these rare level land parcels is unquestionable. Plus, with the existing Queenslander also boasting street access to Riding Road, the scope for a high-exposure commercial development also exists. This is an exciting opportunity for builders to showcase both a heritage renovation and brand-new contemporary design side-by-side*, in a location known for attracting some of Brisbane's highest sale prices. And, take advantage of the previous owner's work, leaving no infrastructure charges for the new purchaser. The existing high-set pre-war residence features impressively retained period details including soaring ceilings, VJ walls, picture rails, timber fretwork, sash/casement windows, and hardwood floorboards protected for decades beneath carpeting. Comfortably updated with air-conditioning and a stylish modern bathroom, the property is more than suitable to be lived in or rented out while future plans are undertaken. Just 5km from the CBD, this address is just a short walk from the dynamic Oxford Street precinct with its cafes, restaurants, cinemas, supermarket, boutique shops, health and fitness amenities. Footsteps to bus stops and minutes from the City Cat and riverside parkland, it sits within catchment and metres of the coveted Bulimba State School, as well as moments from Sts Peter and Paul's Primary, Lourdes Hill College and a choice of excellent kindergartens/childcare centres. Brisbane's elite private colleges, universities, and world-class cultural precincts are also within easy reach. *Subject to Brisbane City Council Approval